During a contractionary phase of the business cycle, which of the following most likely occurs?
a. More tax revenues are remitted
b. More goods and services are produced
c. Fewer people are unemployed
d. Fewer people are employed
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Home » Business » During a contractionary phase of the business cycle, which of the following most likely occurs? a. More tax revenues are remitted b. More goods and services are produced c. Fewer people are unemployed d. Fewer people are employed